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HomeMy WebLinkAboutResolution - 3871STATE OF CALIFORNIA) RESOLUTION NO.3871 COUNTY OF RIVERSIDE) ss CITY OF SAN JACINTO) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACINTO, CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2021-2022 WHEREAS, Article XIIIB of the California Constitution provides for establishment of a formal appropriations limit from the proceeds of taxes; and WHEREAS, a formal appropriations limit has not been established for Fiscal Year 2021-2022; and WHEREAS, the California Department of Finance has provided per capita personal income and population change data for calculating the allowed increases in the appropriations limit for fiscal year 2021-2022; and WHEREAS, the California personal income tax factor has increased for fiscal year 2021-2022; and WHEREAS, the City of San Jacinto elects to select the methods of calculation using 1) the increase in the California Per Capita Income in lieu of the increase in the non-residential assessed valuation due to new construction and 2) the population growth of the City of San Jacinto in lieu of the population growth within the County, and WHEREAS, attachment A to this resolution provides the calculation for the 2021-2022 appropriations limit; NOW, THEREFORE, BE IT RESOLVED, determined, and ordered by the City Council of the City of San Jacinto, County of Riverside, State of California, as follows: The appropriations limit from proceeds of taxes is hereby established as $64,368,933 for fiscal year 2021-2022. PASSED, APPROVED AND ADOPTED this 15t' day of June, 2021, by the following vote: AYES: Ledezma, Ruiz, Ayala, Hawkins, Lopez NAYS: None ABSENT: None ABSTAIN: None City of San Jacinto 1on 3o L L"?zrw Alonso Ledezma, Mayor ATTEST: 74aaa-- A ge a alton, City Clerk APPROVE I AS TO FORM: Best Best Krieger LP Michael J. Maurer, City Attorney CERTIFICATION I, Angela Walton, City Clerk of the City of San Jacinto, DO HEREBY CERTIFY that the foregoing Resolution No. 3871 was passed, approved and adopted at a special meeting of the City Council of the City of San Jacinto held on the 151h day of June, 2021, by the following vote: AYES: Ledezma, Ruiz, Ayala, Hawkins, Lopez NAYS: None ABSENT: None ABSTAIN: None WITNESS MY HAND AND OFFICIAL SEAL this 15t' day of June, 2021. A ge a alton, City Clerk City o San Jacinto